Civic Intelligence

Springtime Tallahassee Festival Inc.

EIN 47-5306581 • 501(c)3 • Tallahassee, FL

Pub. 78 Eligible990-N Coverage

Profile

Springtime tallahassee festival, inc. Is organized primarily for charitable and educational purposes and educational-related activities, including promoting state-wide understanding and education of the history of florida and its capital city, tallahassee.

114 East 5th Avenue BTallahassee, FL 32303-6123

www.springtimetallahassee.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

86th percentile

0.32x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.07x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

41st percentile

-1.5%

Higher net margin than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

97th percentile

$76,459

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 17.1% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

56th percentile

0.8%

Faster asset growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

8.0%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$104,114

Up $813 (+0.8%) from 2023

Liabilities

Up

$33,291

Up $9,687 (+41%) from 2023

Net Assets

Down

$70,823

Down $8,874 (-11%) from 2023

Revenue

Up

$446,014

Up $32,927 (+8.0%) from 2023

Expenses

Up

$452,863

Up $47,639 (+12%) from 2023

Net Income

Down

-$6,849

Down $14,712 (-187%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50K-$100KAssets 2017: $47,650Liabilities 2017: $87,967Net Assets 2017: -$40,3172017Assets 2018: $59,764Liabilities 2018: $123,299Net Assets 2018: -$63,5352018Assets 2019: $66,364Liabilities 2019: $98,190Net Assets 2019: -$31,8262019Assets 2020: $40,109Liabilities 2020: $74,629Net Assets 2020: -$34,5202020Assets 2021: $83,821Liabilities 2021: $86,386Net Assets 2021: -$2,5652021Assets 2022: $114,695Liabilities 2022: $42,861Net Assets 2022: $71,8342022Assets 2023: $103,301Liabilities 2023: $23,604Net Assets 2023: $79,6972023Assets 2024: $104,114Liabilities 2024: $33,291Net Assets 2024: $70,8232024

Highlighted filing

2024

Assets$104,114
Liabilities$33,291
Net Assets$70,823

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2017: $260,888Expenses 2017: $303,406Net Income 2017: -$42,5182017Revenue 2018: $300,091Expenses 2018: $323,309Net Income 2018: -$23,2182018Revenue 2019: $322,633Expenses 2019: $290,924Net Income 2019: $31,7092019Revenue 2020: $175,493Expenses 2020: $178,187Net Income 2020: -$2,6942020Revenue 2021: $290,897Expenses 2021: $258,943Net Income 2021: $31,9542021Revenue 2022: $409,695Expenses 2022: $335,296Net Income 2022: $74,3992022Revenue 2023: $413,087Expenses 2023: $405,224Net Income 2023: $7,8632023Revenue 2024: $446,014Expenses 2024: $452,863Net Income 2024: -$6,8492024

Highlighted filing

2024

Revenue$446,014
Expenses$452,863
Net Income-$6,849

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 28, 2025
Return Version
2023v6.0
Gross Receipts
$462,483
Mission and Program Overview

Mission

Corporation organized primarily for charitable and educational purposes and educational-related activities, including promoting state-wide understanding and education of the history of florida and its capital city, tallahassee.

Springtime tallahassee festival, inc. Is organized primarily for charitable and educational purposes and educational-related activities, including promoting state-wide understanding and education of the history of florida and its capital city, tallahassee.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$99,706$76,490▼ $23,216
Rtn Earn Endowment Incm Other Fnds$79,697$70,823▼ $8,874
Accounts Receivable$1,756$26,874▲ $25,118
Prepaid Expenses and Deferred Charges$750$750→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$103,301$104,114▲ $813
Other Assets Total$1,089$0▼ $1,089
Liabilities
Deferred Revenue$23,604$32,785▲ $9,181
Other Liabilities$0$506▲ $506
Total Liabilities$23,604$33,291▲ $9,687
Net Assets / Fund Balance
Total Net Assets Fund Balance$79,697$70,823▼ $8,874
Total Liabilities and Net Assets / Fund Balance$103,301$104,114▲ $813
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Blake MooreExecutive DirectorPT$52,592$23,867$76,459

Board Members and Trustees

NameTitle
Cristina SlatonGeneral Chair
Matt ScaringeImmediate Past President
Sean MarstonPresident
Randy NunnPresident-elect
Bob ThornberryBoard Member
Brady SquiresBoard Member
Glenda CatoBoard Member
Ken MartinBoard Member
Kim CramerBoard Member
Leann BuntonBoard Member
Lee HudsonBoard Member
Mike BookerBoard Member
Roy SmithBoard Member
Susie MozolicBoard Member
Trey FaulknerSecretary
David HutchensonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$281,382
Program Service Revenue
$130,792
Investment Income
$0
Other Revenue
$33,840
All Other Contributions
$99,360
Change in Net Assets
$-6,849
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$346,856
Salaries, Compensation, and Employee Benefits$98,696
Total Fundraising Expense$18,103
Grants and Similar Amounts Paid$7,311
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$203,596--$203,596
Current Officers, Directors, Trustees, and Key Employees$15,989$33,368$16,823$66,180
Occupancy$39,974$19,125-$59,099
Insurance$20,273$18,727-$39,000
Other Salaries and Wages$12,709$13,123$104$25,936
Office Expenses-$13,357-$13,357
Advertising-$9,895-$9,895
Travel$7,893--$7,893
Interest$7,701--$7,701
Grants to Domestic Orgs$7,311--$7,311
Payroll Taxes$2,083$3,321$1,176$6,580
Information Technology-$3,335-$3,335
Fees for Services Accounting-$2,980-$2,980
Total Functional Expenses$317,529$117,231$18,103$452,863
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
TRENT'S TOUCH INCTallahassee, FL501(c)(3)Program Service Support$7,311
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,852
Fundraising Gross Income$890
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cornhole Tournament$17,444$890$2,852$-1,962
Total Events$32,912$890$2,852$-1,962
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Springtime Tallahassee, Inc$506
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The president, president-elect, secretary, treasurer, general chair, general chair-elect, and governor shall constitute the executive committee of the board of directors and are authorized to act in the interim between regular board meetings to transact such business of the organization as may be required. The concurrence of at least four (4) members of the executive committee shall be required for it to act and such action shall be approved/ratified by the board of directors at its next regular meeting.

Form 990, Part VI, Section A, Line 2

Executive director, black moore and board member, brady squires have a family relationship. All board members also serve as board members for related organization, springtime tallahassee, inc.

Form 990, Part VI, Section A, Line 4

The bylaws were revised to update the organization's membership structure and general member requirements. The number of krewes was reduced from five to three. The three revised krewes include the spanish krewe 1528-1821, the war & reconstruction krewe 1821-1900, and the 20th century krewe and beyond 1901-present. The maximum number of regular and provisional members in each krewe increased from 50 to 80. A minimum member requirement for each krewe was also set for 25. The number of board members was reduced as each krewe has a chief and representative that serves on the board of directors.

Form 990, Part VI, Section A, Line 6

The organization has three classes of members, one voting and two non-voting: (1) festival patrons are members contributing assets or services of at least one thousand dollars ($1,000) in value in any one year to the organization's annual festival and related events, but do not have the right to vote. (2) festival contributing members must be a member in good standing in springtime tallahassee, inc. Who annually contributes the minimum amount of monies which the board of directors set from time to time in support of the organization's purpose(s), but said members do not have the right to vote, except as otherwise set forth herein connection with various committees of the organization. (3) sustaining member is solely springtime tallahassee, inc., which is the parent organization of springtime tallahassee festival, inc. Springtime tallahassee, inc. Is the only member of the organization with the right to vote.

Form 990, Part VI, Section A, Line 7A

Regular members of the parent organization, springtime tallahassee, inc. Have the right to vote, elect members to the board of directors, and hold office.

Form 990, Part VI, Section B, Line 11B

The form 990 is provided to and reviewed by the organization's board of directors annually. A final review and approval of the form 990 is done by the organization's executive director and president prior to finalizing and filing with the irs.

Form 990, Part VI, Section B, Line 12C

Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such persons: (a) has received a copy of the organization's articles of incorporation and bylaws, which include a conflict of interest policy and other prohibitions and restrictions; (b) has ready and understands the articles and bylaws; (c) has agreed to comply with the articles and bylaws; and (d) understands the organization is charitable and in order to maintain federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes(s), as well as avoid substantial, significant or material conflicts of interest

Form 990, Part VI, Section B, Line 15A

The executive director's compensation is reviewed and voted on annually by the board of directors. Compensation paid by similarly situated employers, current compensation surveys compiled by independent firms, and actual written offers from similarly situated employers are reviewed and taken into consideration when determining the executive director's compensation.

Form 990, Part VI, Section C, Line 19

Documents are available upon request for general public and on website for members of organization.

Filing and Contact Details

Filer

Filer Name
Springtime Tallahassee Festival Inc
EIN
47-5306581
Phone
8505839613
Address
114 EAST 5TH AVENUE B, TALLAHASSEE, FL 32303-6123

Signing Officer

Name
Wallace Nunn
Title
President
Phone
8505839613
Signed
2025-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wallace Nunn
Formed
2015
Legal Domicile
Fl
Voting Board Members
16
Independent Board Members
15
Employees
2
Volunteers
200

Preparer

Firm
James Moore & Co Pl
Address
2477 TIM GAMBLE PLACE SUITE 200, TALLAHASSEE, FL 32308-4386
Preparer
Nadia H Batey
Phone
8503866184
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IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02852
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01

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